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Measurement Framework (measurement + framework)

Distribution by Scientific Domains

Business, Economics, Finance and Accounting	60%

Selected Abstracts

A large-scale monitoring and measurement campaign for web services-based applications

CONCURRENCY AND COMPUTATION: PRACTICE & EXPERIENCE, Issue 10 2010
Riadh Ben Halima
Abstract Web Services (WS) can be considered as the most influent enabling technology for the next generation of web applications. WS-based application providers will face challenging features related to nonfunctional properties in general and to performance and QoS in particular. Moreover, WS-based developers have to provide solutions to extend such applications with self-healing (SH) mechanisms as required for autonomic computing to face the complexity of interactions and to improve availability. Such solutions should be applicable when the components implementing SH mechanisms are deployed on both or only one platform on the WS providers and requesters sides depending on the deployment constraints. Associating application-specific performance requirements and monitoring-specific constraints will lead to complex configurations where fine tuning is needed to provide SH solutions. To contribute to enhancing the design and the assessment of such solutions for WS technology, we designed and implemented a monitoring and measurement framework, which is part of a larger Self-Healing Architectures (SHA) developed during the European WS-DIAMOND project. We implemented the Conference Management System (CMS), a real WS-based complex application. We achieved a large-scale experimentation campaign by deploying CMS on top of SHA on the French grid Grid5000. We experienced the problem as if we were a service provider who has to tune reconfiguration strategies. Our results are available on the web in a structured database for external use by the WS community. Copyright © 2010 John Wiley & Sons, Ltd. [source]

Urban disaster recovery: a measurement framework and its application to the 1995 Kobe earthquake

DISASTERS, Issue 2 2010
Stephanie E. Chang
This paper provides a framework for assessing empirical patterns of urban disaster recovery through the use of statistical indicators. Such a framework is needed to develop systematic knowledge on how cities recover from disasters. The proposed framework addresses such issues as defining recovery, filtering out exogenous influences unrelated to the disaster, and making comparisons across disparate areas or events. It is applied to document how Kobe City, Japan, recovered from the catastrophic 1995 earthquake. Findings indicate that while aggregate population regained pre-disaster levels in ten years, population had shifted away from the older urban core. Economic recovery was characterised by a three to four year temporary boost in reconstruction activities, followed by settlement at a level some ten per cent below pre-disaster levels. Other long-term effects included substantial losses of port activity and sectoral shifts toward services and large businesses. These patterns of change and disparity generally accelerated pre-disaster trends. [source]

CREATING VALUE IN THE OIL INDUSTRY

JOURNAL OF APPLIED CORPORATE FINANCE, Issue 1 2004
Nick Antill
In contrast with current thinking that conglomerates are inefficient, this article begins by presenting arguments in favor of the size and structure of the large integrated oil companies, also known as "the supermajors." Among the advantages are tax efficiency, information flow, political and technological know-how, broad supplier and customer relationships, scale economies, cross-business economies of scope, brand power, and the ability to coordinate strategic initiatives across businesses. These advantages all translate into a lower cost of capital. One problem, however, is that this lower cost of capital does not seem to be reflected in the target returns on capital currently set by the supermajors. Observing that the financial goal of a corporation is to maximize not its return on capital but rather the net present value of expected future cash flows and earnings, the authors argue that the majors need to make two major changes to current practice. First, their investment hurdle rates should be reduced from their current level of 14,15% to the weighted average cost of capital, which is estimated to run about 8,9%. Second, the actual returns on capital reported in published accounts are largely meaningless; and when evaluating new investments and existing operations alike, the companies must find an annual performance measure that better reflects the economic realities of the business. This paper recommends use of a performance measurement framework based on economic profit that should serve two critical purposes: it will encourage managers to undertake all value-increasing projects (not just those that will maintain or increase reported return on capital), and it will help the companies communicate their strategy and results to the investment community. [source]

Developing a performance measurement framework to enhance the impact orientation of the Food Research Institute, Ghana

R & D MANAGEMENT, Issue 2 2006
Robert M. Yawson
Research institutions in Ghana are facing various challenges. It is the contention that viable research and development institutions are needed for achieving sustainable change in areas of national importance. A key aspect of institutional viability is strong performance management. This implies clear and workable approaches to performance measurement. This paper looks at the initial experiences in a collaborative effort to develop a performance measurement framework for the Food Research Institute (FRI) and the application of the Balanced Score Card (BSC) at institutional level. The process of diagnosing and analysing institutional monitoring and evaluation capacity and systems is described using a mix of diagnostic tools. Stages in applying the BSC approach are documented and the added value of the scorecard perspectives in highlighting focal areas for performance measurement and management within FRI. These are placed in the context of ongoing changes in the external environment posing both threats and opportunities. Changes implied by the introduction of the concept are discussed in the context of current constraints and the way forward is mapped out in terms of enhancing FRIs' impact orientation through the application of improved performance measurement and management. [source]